Tyler, TX - 4218 Hogan Drive

Description

THE PROPERTY: A 0.718 acre golf course view single family home site which backs to the 7th fairway and overlooks the 8th. Hogan Drive connects with Spur 364 to the south via Scenic Drive.

Three adjacent homesites are being offered at auction. These homesites are located at the east end of the front nine - 4th, 5th, 6th, 7th and 8th Fairways. The homesites look west across the golf course approximately .25 of a mile toward the homes backing to the same fairways. The homesites are elevated above Hogan Drive approximately three to five feet. Directly across Hogan Drive is Tyler's most expensive apartment community - Orion at the Cascades and Roxe Spa at The Cascades.

HOME OWNER'S ASSOCIATION: All properties located at the Cascades of Texas are subject to the ownership requirements outlined in the Cascades Homeowner's Association and Building Guidelines.

CASCADES CLUB: Membership in the Cascades Club is available at an additional fee. A number of membership choices are available. Learn more about Cascades memberships at their website The Cascades Clubor contact Michelle Neilson, Membership Director, Phone 903-525-0003.

MULTI-PROPERTY AUCTION: This property is included in a multi-property auction directed by the US Bankruptcy Court. All of the following properties will be sold subject to the low minimum bids below. Don't miss this chance to buy one of these properties at auction.

Parcel

Address

Acres

Type

List Price

Minimum Bid

Cashier's Check to bid

1

3202 Cascades Ct.

4.291

Multi-Family

$975,000

$495,000

$30,000

2

0 Wexford Drive

2.02

Multi-Family

$495,000

$225,000

$25,000

3

2695 S SW Loop 323 *

1.68

Commercial

$450,000

$225,000

$20,000

4

4206 Hogan Drive

0.718

Golf Course

$275,000

$140,000

$15,000

5

4212 Hogan Drive

0.552

Golf Course

$225,000

$110,000

$15,000

6

4218 Hogan Drive

0.491

Golf Course

$175,000

$95,000

$15,000

7

4443 Cascades Shoreline Drive

1.005

Lake Front

$175,000

$80,000

$10,000

8

2817 Stewart Way

0.403

Home Site

$65,000

$35,000

$5,000

9

2867 J Culpit Court

0.381

Lake Front

$50,000

$27,500

$5,000

* NOTE: 2695 S SW Loop 323 is NOT located in the Cascades Master Planned Community.

Why Buy This Property

Master Planned Community – A master planned community creating a private refuge away from the rest of the world. With important homes already built in secluded locations desiged to protect the beautiful vistas driving through the community. The Cascades is Tyler’s luxurious master planned 500-acre community on the shore of Bellwood Lake. The Cascades features lakes, country club, championship golf course, indoor and outdoor tennis, gym, pool, salon/spa, boat slips, hiking trails and much more.

Convenient Location– It's difficult to imagine a more ideal location than The Cascades of Tyler, located within a short drive of shopping malls, gourmet restaurants, theaters, grocery stores, parks, recreation areas and top medical centers. It is only 4 miles from historic downtown Tyler and ninety minutes east of Dallas and west of Shreveport.

Property Location

Auction / Date / Time

Auction
October 10, 2018
6:00 p.m. CDT

Property Video

Offering Strategy

MIMIMUM BID: $95,000- This property will be sold to the highest bidder, subject to the published minimum bid and the Terms of Sale. This is a live auction event. Bidders are encouraged to ask questions in advance. Bidding will take place at the Hilton Garden Inn, 220 East Grande, Tyler, Texas. The purchase of a Bidder's Information Packet and a cashier's check made payable to Homeland Title Companyis required to bid. See Bidder's Information Packet for more details.

Inspection Dates

This vacant land parcel is available for viewing at your convenience. Inspection of the property is at your own risk. Seller nor seller's agent takes no responsibility for any injury which may occur while inspecting the property. Please call 312.278.0600 Extension 101 if you have any questions.

Auction Location

Live Auction- The auction will be conducted as a live auction event . The auction time and location are as follows:

The Hilton Garden Inn220 E Grande, Tyler, Texas.

Registration: 5:00 PMAuction: 6:00 PM

Details

Certified Funds To Bid : $15,000

Buyer's Premium (Buyer's Fee) : 8% of the high bid

In Cooperation With : Renee Y. Jones - Licensed Texas Auctioneer

Order Bidder's Information Packet

This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet.

Bidder's Information Packets are available in PDF format for $30.00. To order your Packet or call us at 312.278.0600 ext. 101 or email us at info@fineandcompany.com

Additional Information

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to th REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Michael A. Fine, Licensed Texas Broker

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet.

Disclaimer :
The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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